Back to TTWO Overview
NMS · Valuation Lab
TTWO
Take-Two Interactive Software, Inc.
Last$234.91
Market cap43.9B
EV/EBITDA56.5x
Intrinsic value
$144.87
MoS -62.1% · Overvalued
Assuming 21.8% FCF margin and 6.1% Y1–5 growth.
Upside to price
EV (DCF)28.1B
Terminal share57%
Expected IV$151.69
Probability weights
Projected free cash flows
Stage FCF path with present values · terminal 57% of EV
PV of stage FCFs12.2B
PV of terminal value15.9B
Enterprise value28.1B
Net cash / (debt)-969M
Equity value27.1B
Intrinsic value / share$144.87
| Year | Revenue | FCF | PV | DF |
|---|---|---|---|---|
| Y1 | 7.1B | 1.5B | 1.4B | 91.9% |
| Y2 | 7.5B | 1.6B | 1.4B | 84.5% |
| Y3 | 8B | 1.7B | 1.3B | 77.6% |
| Y4 | 8.4B | 1.8B | 1.3B | 71.3% |
| Y5 | 8.9B | 2B | 1.3B | 65.6% |
| Y6 | 9.2B | 2B | 1.2B | 60.3% |
| Y7 | 9.5B | 2.1B | 1.1B | 55.4% |
| Y8 | 9.8B | 2.1B | 1.1B | 50.9% |
| Y9 | 10.1B | 2.2B | 1B | 46.8% |
| Y10 | 10.4B | 2.3B | 977M | 43.0% |
| Terminal | — | — | 15.9B | — |
Educational DCF model only — not financial advice. Terminal value and assumptions dominate results; verify filings and run your own diligence.